📈 Price Predictions Darryn Pollock

Whales Waking Up: $1bln in BTC moved over 12 Hours — What’s the Plan?

📈 Price Predictions
Whales still have a big say in the way Bitcoin moves. So, with a couple major transactions being noted, what is happening behind the scenes?
Whales Waking Up: $1bln in BTC moved over 12 Hours — What’s the Plan?
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The very nature of Bitcoin transactions means that all of them can be seen thanks to transparency, but they are also anonymous. Because of this, some major transactions from long dormant accounts have been spotted on Twitter, totaling over $1 billion.

Four of the biggest Bitcoin wallets have shifted this grand amount of money, and over a 12 hour period, leaving many wondering what could be going on. Most of these wallets have been inactive for years as well, which adds more mystery to the moves.

With such big moves happening, and such a low point in Bitcoin’s market, there could be real fear of capitulation and a potentially massive dump coming, but the actions of these transactions probably point to something else.

There appears to be some housekeeping going on by a big Hodlr, as the funds were divided up into 100 wallets in one instance. Another thought is that the move was to take advantage of the low fees to move the Bitcoin into Segwit wallets, as they were in legacy wallets before.

Four big moves

The first money move came from the highly monitored 9th biggest Bitcoin wallet. It has been dormant for four years and sprung to life as 66,000+ BTC (worth over $260 mln) was moved to another location.

Following that, the 10th biggest wallet by Bitcoin volume moved a similar amount, and then the 11th biggest wallet emulated the move. These actions continued with another wallet worth approximately half of the first two (ranked at #30), also on the move, moving 32,957 BTC, followed finally by another newer wallet previously ranked #36 moving another 31,269 BTC.

This total movement over the 12 hours saw 263,294 bitcoins shift at a value of just over $1 bln

What’s the plan?

These movements of course could cause some concern, but the following actions taken by the Whale seems to suggest it is more a case of housekeeping and preparation.

After the second move of the cache of Bitcoins, it was discovered that the coins had immediately been subdivided into smaller equally valued caches in sub-wallets after being transferred. Thus, the initial transfer was split into 99 wallets each containing 662.52BTC with the 100th containing a rounded 200BTC.

Following that, the other two large moves also followed a similar pattern as the Bitcoin were divvied out into smaller chunks across multiple wallets. It thus seemed indicative that the coins were being brought out of cold storage and being prepared to be traded, should the desire rise.

Of course, the move also took the Bitcoin from legacy wallets to Segwit, and as such, was an easy and cheap time to make the transfers as the transaction cost for Bitcoin is extremely low at the moment.

Sit and wait

It remains to be seen if these coins will be returned to cold storage, or even go dormant again if the Whale was to decide to continue holding on to his fortune, or if this preparation of the coins is a readying to dump a lot of BTC back into the market.

If they were to be dumped, it would have a huge effect on the price of Bitcoin and the entire cryptocurrency market, as the flooding would cause a huge spike in supply and probably negatively affect the price of the digital currency further.

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📈 Price Predictions Vera Thornpike

Tether Price Forecast 2019 - Overcoming the Gap Between $1 and $5 Is Still Possible

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Tether price prediction 2019 – Can it outgrow a $1 value?
Tether Price Forecast 2019 - Overcoming the Gap Between $1 and $5 Is Still Possible
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Tether, one of the top-10 world cryptocurrencies, seems to be gaining traction – a lot of experts put hopes in this asset believing that it can triple its current $1 cost. However, $3 is a very humble forecast. Prepare for Tether to reach $5, but keep in mind that it may fall to $0.14 as well. What are the chances? Let’s read USDT price predictions 2019.

Tether all-time price chart
Tether price chart: USDT’s recent price has been around $1

The most popular Tether price predictions 2019

Forecasts differ by numbers, though the vast majority of websites and experts are sure that USDT will gain in value.

TheNextTechs.com

One of TheNextTechs.com website authors published an article where he tried to predict Tether’s price. He believed that USDT is to reach the price of $1.50 by the end of 2019. Here’s what he said:

“Tether forecast shows that price shows a corrective wave. After every corrective wave, there will (be) a(n) impulse wave. Inverters should wait for that impulse wave, and after that, they will gain a 50% profit.”

Thus, if you invest $100 right now, you can enjoy 50% gains by the end of the year. Seems to be too positive? Wait a bit.

Coinfan.net

According to this website that focuses on technical analysis, Tether should reach $1.9 by the end of February. By the end of this year, it should grow to as much as $7! That sounds unrealistic considering the fact that Tether is backed up by the US dollar, so the gap would be too huge.

Uslifted.com

Combining the predictions of all other websites, Uslifted.com states that 2019 will be a year of opportunities for traders. In 2019, prices of cryptocurrencies are expected to rise, and Tether will reach $1.75. Right now, it’s better to hold USDT and wait some time.

The reverse side of the coin

While the growth of cool altcoins like Ripple and Stellar is conditioned by their technological superiority, Tether hasn’t much to offer. That’s why some experts and websites aren’t so sure about its success.

According to Fortune.com, Tether is not interesting for investors, so there’s a chance it will follow the way of Basis, which was shut down in 2018. This stablecoin project won’t survive through the battle and won’t be able to preserve a monopoly.

Tradingbeasts.com predicts that USDT will be stale all year round: it will be stuck at the $0.60 point. In 2020, it will fall to $0.53 and stay at this level.

The InvestingPr.com website, which focuses on traditional stocks as well as a cryptocurrency, has a neutral opinion. Here’s what one of the authors said:

“Tether is a great idea that is crucial to the healthy functioning of the cryptocurrency markets, but its execution has been far from perfect. The concerns over its finances and recent market moves have spooked experienced and casual investors alike. Barring major new revelations, however, Tether is unlikely to deviate far from its $1 benchmark.”

Considering the fact that Tether relies heavily on the US dollar, this prediction can turn out to be true.

What can drive Tether growth?

There are several factors that can promote Tether development:

  1. Wide availability, which will attract major investors.

  2. The volatility of Bitcoin and other cryptocurrencies.

  3. Investors are very likely to avoid price drops after such a long bearish period.

  4. Increasing supply.

At the same time, Tether has a lot of issues to deal with. For example, the crypto community and government have to decide whether the audit is required. Besides, there’s a threat of lack of reserves, but the Tether team promised that it has sufficient fiat backup reserves.

Every USDT coin is supposed to be backed up by a fiat $1
USDT relies on USD total supply

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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[16 Feb] Weekly Price Prediction - Bitcoin, Ethereum, Ripple, Tron

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A new filing from NYSE ARCA has started another countdown for the cryptocurrency market.
[16 Feb] Weekly Price Prediction - Bitcoin, Ethereum, Ripple, Tron
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A new filing from NYSE ARCA has started another countdown for the cryptocurrency market. In the filing NYSE ARCA and Bitwise Asset Management make another case for a rule change that would allow the listing for a Bitcoin ETF. This is not the first time we’ve been faced with this event and it may not be the last time an ETF is rejected but, based on what we heard from the SEC last month, a Bitcoin ETF is all but assured. Sooner or later. Maybe.

BTC Price Prediction

Bitcoin didn’t move much on this news as it is just another effort amongst many. The news is good but nothing to spark a rally until there is some concrete news. The SEC now has 45 days to review the filing and at most 240 days to make a final decision so there is some hope. The world’s reserve cryptocurrency is still trading within a tight range near the middle of a larger trading range. The good news is that the token has moved up above the short-term moving average and looks like it will at least test resistance near $3,800. A break above that would be bullish.

BTC/USD chart by TradingView

ETH Price Prediction

Ethereum has also moved above its short-term moving average and looks bullish. The world’s most advanced (in theory) cryptocurrency is heading higher and likely to retest resistance at $134. The move may find stiff resistance at this level but if it is broken, I would expect to see a sustained rally follow. The indicators are strengthening, such a move would create a powerful bullish signal. My target for ETH is $60 and $200 in the near to short term.

ETH/USD chart by TradingView

TRX Price Prediction

Tron fell below key support and looks like it has ended its bull run. The token topped out at only $0.03 and is now below the 30-day EMA and the $0.025 level. Now that this psychological level has been pierced a much deeper decline is possible. A move lower would confirm downward pressure and likely lead this token down to $0.02 or lower.

TRX/USD chart by TradingView

XRP Price Prediction

Ripple is still wrestling with resistance at the short-term moving average, but it doesn’t look like it is getting ready to fall. There is strong support just below today’s level that is the focus on recent bullish activity, a touch to that level would be a buying opportunity. A move above the short-term 30-day EMA would be bullish and could take this token up to $0.40 or $0.45 in the near to short-term.
Picture

XRP/USD chart by TradingView

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of u.today. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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Fresh Litecoin Price Forecast 2019: Will LTC Jump to a Minimum of $780? Experts Don’t Even Doubt It!

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Litecoin price prediction 2019: What will drive LTC growth this year?
Fresh Litecoin Price Forecast 2019: Will LTC Jump to a Minimum of $780? Experts Don’t Even Doubt It!
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Litecoin has managed to become one of the top world cryptocurrencies, and there are many crypto experts who are sure that we are to witness a huge LTC rise this year. What exactly should happen to Litecoin, and does investing right now make sense?

Fresh Litecoin Price Forecast 2019: Will LTC Jump to a Minimum of $780? Experts Don’t Even Doubt It!

5 Popular Opinions

Here are five opinions from authoritative experts and websites that influence the Litecoin community:

  1. According to the Theoofy.com website, there’s a “95% probability that LTC will trade between $30 on the lower side and $7,600 on the higher side. The median value of Litecoin is likely to be around $470.”

  2. Longforecast.com, a technical analysis platform, predicts that Litecoin will gain value in the range of $780-$1,374 by the end of 2019 or at the beginning of 2020.

  3. George Tung, a cryptocurrency analyst, thinks it’s not the ceiling. He claims that Litecoin can easily climb to the $1,500 threshold.

  4. Another popular crypto analytical website, Steemit.com, predicted that LTC can hit the $3,500 mark this year: it will gain momentum when the overall cryptocurrency growth starts. It’s better than Bitcoin from the point of speed and performance, so the crypto community will prefer LTC to other tokens.

  5. The analytic website Digitalcoinprice.com provides a more realistic forecast: according to its 2019 prediction, Litecoin will reach $80 by November and fall to $76 in December 2019. Anyway, the 80-90% ROI seems to be quite good.

In August 2019, Litecoin will halve the LTC mining reward from 25 LTC to 12.5 LTC. That could enable a bull run and advance its price greatly.

Fresh Litecoin Price Forecast 2019: Will LTC Jump to a Minimum of $780? Experts Don’t Even Doubt It!

Why will the crypto community choose Litecoin?

You might wonder why people would choose Litecoin investments. There are many factors that will trigger Litecoin development:

  • Litecoin is an open-source blockchain, which means it is supported by a large developer community. With SegWit and the Lightning Network, Litecoin can get a new kickstart.

  • Litecoin is way faster than Bitcoin, with an average block processing time of 2.5 minutes against Bitcoin’s 10 minutes. Besides, Litecoin’s transaction fees are close to zero. That’s why many will prefer it to Bitcoin.

  • The people behind Litecoin are skilled developers with a good reputation and boatloads of experience.

  • Litecoin is less volatile than many other cryptocurrencies, even during market corrections and crashes.

  • LTC/BTC atomic swaps make it easy to trade Litecoin.

  • Litecoin has received great support from its Chinese audience, which means a lot for this project.

It goes without mentioning a few great partnerships that Litecoin has recently established. For example, the Litecoin platform acquired a German bank to convert LTC into real currency: it allows people to spend LTC as regular money using their credit/debit card. This way, LTC payments are not restricted by mobile transactions only.

Litecoin also started working with the SALT financial company. It provides people with loans in the form of digital assets. This helps to bridge the gap between the crypto world and traditional financial systems.

Bottom Line

Litecoin has great chances to multiply its cost in 2019: we will watch it grow when the prolonged crypto winter ends. Many believe that the Litecoin price depends on Bitcoin, so when BTC gains momentum, we should expect Litecoin to follow suit.

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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DASH, IOTA, Cardano and Monero Daily Price Forecast - Market Is on the Move

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The news, unexpected and more than welcome, that top SEC officials believe a BTC/Cryptocurrency ETF is inevitable has gotten people’s attention.
DASH, IOTA, Cardano and Monero Daily Price Forecast - Market Is on the Move
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The cryptocurrency market is on the move. The sleeping beast has begun to stir and the animal spirit in question is a bull. The news, unexpected and more than welcome, that top SEC officials believe a BTC/Cryptocurrency ETF is inevitable has gotten people’s attention. It seems, after all, that blockchain is useful, tokens are assets, and people still want to own them.

In other news, word from JP Morgan is they’re launching their own cryptocurrency. Labeled the JPM Coin it is intended to instantly settle payments between its clients. The token is only expected to handle a small fraction of the total business but is a sign the world’s leading consumer bank is on board with blockchain.

Cardano (ADA) Price Prediction

Cardano hit a near-term peak within a longer-term trading range and is now falling back to support. The token looks like it could fall all the way to $0.40 but that will be a good thing. The token is exhibiting signs of bullish behavior that are likely to continue this year. Confirmation of support at the $0.40 would indicate buyers are still present, and ready to start bidding up the price. Longer-term, a move up $0.50 looks very likely over the next 4 to 8 weeks.

ADA/USD chart by TradingView
ADA/USD chart by TradingView

Monero (XMR) Price Prediction

Monero has also retreated to test support at a key support level. This level is the short-term 30-day moving average, an EMA that was bullishly broken just a few weeks ago. Today’s retest is not unexpected and even welcome as it will allow other traders interested in this move to get in before the rest of the market decides to take the action. It is possible that support at the EMA will break and the token will move lower if so, I would look to the $43.50 level as the next target. A move below that level would likely result in a retest of the long-term low near $40. My six to twelve-month target for this token is $60.

XMR/USD chart by TradingView
XMR/USD chart by TradingView

IOTA Price Prediction

Iota is one bullish looking cryptocurrency. The token made a strong bounce from a long-term low in December, has retreated to bounce from a new, higher support level, and is now set to bounce from the new trend line and move above the 30-day EMA. Such a move would be about as bullish as you can get and would be supported by the indicators. The MACD momentum is already bullish which shows buyers have the upper hand in this market, stochastic is pointing lower but trending higher and set to fire a bullish signal. Assuming the token responds as I expect price should move up to the $0.30 level in the near-term and then continue to trend higher.
 

IOTA/USD chart by TradingView
IOTA/USD chart by TradingView

DASH (DSH) Price Prediction

Dash, the original master node coin, is also exhibiting some bullish behavior. The token has broken above the 30-day EMA and now searching for support. If support kicks in above the EMA I would expect to see a protracted uptrend follow. In the near-term Dash looks like it will move down to retest $74.50, in the long-term a move to $100 is expected.

DASH/USD chart by TradingView
DASH/USD chart by TradingView

 

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[FEB 14] BTC/USD Bitcoin Price Analysis: Bitcoin Loses in Price on Good News?

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Situation of the Bitcoin price in the mid-term perspective by technical and fundamental analysis. How do we need to act?
[FEB 14] BTC/USD Bitcoin Price Analysis: Bitcoin Loses in Price on Good News?
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Bitcoin Market Cap $ 63 648 604 014 USD

Fundamental Analysis. Pension Funds Enter the Crypto Industry.

The other day, a historic event occurred. US pension funds plunged into crypto-investment. Venture capital firm Morgan Creek Capital raised $40 million for its crypto-fund. And the main investors, as you understood from the title, were two US public pension funds.

According to Morgan Creek, this happened for the first time. The community met this news extremely positive.

Technical Analysis. After Short Term Win, $400 Loss Expected by Bitcoin

So far, the price of Bitcoin remains at an approximate level, and globally the price is flat on the market with the range from $3,120 to $4,400. In such a market, most traders lose money because there is no certainty.

After the upward impulse, a bullish flag was formed under the MA 50, and it is quite possible to expect the next impulse until resistance at the level of $3,800 to $3,850, after which Bitcoin will lose about $400 in price. Stoch RSI is oversold, MACD is below zero, and there is a bearish divergence on RSI.

[FEB 14] BTC/USD Bitcoin Price Analysis: Bitcoin Loses in Price on Good News?
Bitcoin chart by TradingView  

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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